The Munich-based international light and compact equipment manufacturer Wacker Neuson reported a record rise in revenue for the first quarter of 2017. According to a company release, adjusted profit before interest and tax (EBIT) increased significantly. At the close of Q1, order intake and backlog showed a clear rise over the figures posted for the prior-year period.

It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.

Container logistics in India has transformed over the last decade in many ways. The constant change is challenging the established methods of handling and transportation of containers. More and more stringent rules for safety and weighing of containers are keeping all manufacturers of container handling equipment in a constant innovation mode.

Lok Sabha has passed the GST Bill, clearing the deck for its smooth rollout from this July. Termed as independent India’s biggest reform initiative, the GST Bill is expected to bring together the entire nation on a single platform of taxation.

A new 50 t (55 USt) truck crane, the NTC55, has been introduced by National Crane that can manoeuvre into the tight working quarters with the added features of a boom truck to increase efficiency and versatility for its owners. The crane features the compact outrigger configuration of a truck crane, but can also further extend its outriggers to facilitate the greater reach and capacity of a boom truck.

Akzo Nobel India reported total revenue at Rs 813 crore in the third quarter (Q3) of the current financial year as compared to Rs 798 crore of the corresponding quarter of the previous year, a growth of 2 per cent. Profit from operations at Rs 91 crore as compared to Rs 72 crore of the corresponding quarter of the previous year recorded a growth of 27 per cent.